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Mr. Nasli M. Herramaneck - South and Middle American archaeology for Peruvian archaeology.

Mr. Ernest Erickson - 4 pieces of Northwest Coast ethnology for Mexican archaeology.

The exchange with the Karl May Museum of Dresden, Germany, pending since before the outbreak of the war in 1939, remains unconsummated.

[[underlined]]LOANS[[/underlined]]

Mrs. Hortense Ferne - A mat of bagging with rope fringe. Huron. Province of Quebec, Canada.

[[underlined]]ACQUISITIONS[[/underlined]]

By far the most important acquisition of the year, and one of the most outstanding in the history of the museum, is that of the Joseph Keppler Collection which has been on loan to us for a number of years and the Gyantwaka Collection which he deposited with us more recently. In total the specimens number over 1200 pieces. There are over 500 specimens of Navaho silver work, including a few fine examples originally from the William R. Hearst Collection. The Iroquois specimens, numbering nearly 600 pieces can never be duplicated and many of them date back to the early 1800's, when the Seneca still occupied the Genesee Valley and Buffalo Creek areas. This purchase establishes the museum's Iroquois Collection as the largest and finest in the world.

Other important acquisitions are: The Friend W. Miller Collection of Southeastern archaeology, 839 specimens; a collection of 315 pieces from the Burson W. Bell farm at Minisink, New Jersey; 124 specimens of archaeology from the Aleutian Islands, some of them representative of the Old Bering Sea culture; a selected collection of 48 pieces of Karok